Putnam Global (Ireland) Risk Analysis And Volatility

IE0030390896 -- Ireland Fund  

EUR 6.40  0.14  2.14%

Our philosophy towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Putnam Global High which you can use to evaluate future volatility of the fund. Please check Putnam Global High Risk Adjusted Performance of (0.31) and Coefficient Of Variation of (619.82) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Putnam Global Market Sensitivity

As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market.
2 Months Beta |Analyze Putnam Global High Demand Trend
Check current 30 days Putnam Global correlation with market (DOW)
β = -0.0128

Putnam Global Central Daily Price Deviation

Putnam Global High Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Putnam Global Projected Return Density Against Market

Assuming 30 trading days horizon, Putnam Global High Yield Bond E has beta of -0.0128 . This indicates as returns on benchmark increase, returns on holding Putnam Global are expected to decrease at a much smaller rate. During bear market, however, Putnam Global High Yield Bond E is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Putnam Global High is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.12
β
Beta against DOW=0.01
σ
Overall volatility
=0.00
Ir
Information ratio =0.28

Putnam Global Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9038% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Putnam Global Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Putnam Global Investment Opportunity

DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than Putnam Global High Yield Bond E. 0% of all equities and portfolios are less risky than Putnam Global. Compared to the overall equity markets, volatility of historical daily returns of Putnam Global High Yield Bond E is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Putnam Global High Yield Bond E to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Putnam Global to be traded at €6.14 in 30 days. . As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market.

Putnam Global correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Putnam Global High Yield Bond and equity matching DJI index in the same portfolio.

Putnam Global Volatility Indicators

Putnam Global High Yield Bond E Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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